Frontiers in applied general equilibrium modeling / [edited by] Timothy J. Kehoe, T.N. Srinivasan and John Whalley.
Material type:
TextPublication details: New York : Cambridge University Press, 2005.Description: xi, 436 p. : illustrations ; 25 cmISBN: - 9780521825252 (hardback)
- 339.5015195 23 K26
| Item type | Current library | Call number | Status | Date due | Barcode | Item holds | |
|---|---|---|---|---|---|---|---|
| Books | ISI Library, Kolkata | 339.5015195 K26 (Browse shelf(Opens below)) | Available | 136569 |
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| 339.50151 G936 Assessing rational expectations 2 | 339.5015118 K64 Principles of macroeconometric modeling | 339.5015195 C683 Post Walrasian macroeconomics | 339.5015195 K26 Frontiers in applied general equilibrium modeling / | 339.5091724 Is82 Fighting poverty | 339.509439 D479 Taxing capital income in Hungary and the European Union | 339.5095 K96 Overcoming Asia's currency and financial crises |
In Honor of Herbert Scarf.
Includes bibliographical references and index.
Introduction / Timothy J. Kehoe, T.N. Srinivasan, John Whalley --
1. Personal reflections on applied general equilibrium models / Kenneth J. Arrow --
2. Uniqueness of equilibrium in the multicountry Ricardo model / Herbert Scarf, Charles A. Wilson --
3. Solving dynamic stochastic competitive general equilibrium models / Kenneth L. Judd --
4. Mathematical programs with equilibrium constraints : automatic reformulation and solution via constrained optimization / Michael C. Ferris, Steven P. Dirkse, Alexander Meeraus --
5. Nonconvexities in quantitative general equilibrium studies of business cycles / Edward C. Prescott --
6. Lotteries for consumers versus lotteries for firms / Lars Ljungqvist, Thomas J. Sargent --
7. Default and aggregate fluctuations in storage economies / Makoto Nakajima, Jose-Victor Rios-Rull --
8. New applications of general equilibrium to finance : default and collateral / Aloisio Araujo, Mario Pascoa --
9. Efficient taxation of income / Dale W. Jorgenson, Kun-Young Yun --
10. Representative versus real households in the macroeconomic modeling of inequality / Francois Bourguignon, Anne-Sophie Robilliard, Sherman Robinson --
11. General equilibrium modeling for global climate change / Alan S. Manne --
12. Simulation and estimation of hedonic models / James Heckman, Rosa Matzkin, Lars Nesheim --
13. An evaluation of the performance of applied general equilibrium models on the impact of NAFTA / Timothy J. Kehoe --
14. Decompositional analysis using numerical equilibrium models : illustrations from trade literature / Lisandro Abrego, John Whalley --
15. The influence fo computable general equilibrium models on policy / Shantayanan Devarajan and Sherman Robinson --
Indes.
This 2005 volume brings together twelve papers by many of the most prominent applied general equilibrium modelers honoring Herbert Scarf, the father of equilibrium computation in economics. It deals with developments in applied general equilibrium, a field which has broadened greatly since the 1980s. The contributors discuss some traditional as well as some modern topics in the field, including non-convexities in economy-wide models, tax policy, developmental modeling and energy modeling. The book also covers a range of distinct approaches, conceptual issues and computational algorithms, such as calibration and areas of application such as macroeconomics of real business cycles and finance. An introductory chapter written by the editors maps out issues and scenarios for the future evolution of applied general equilibrium.
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